Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Sonny Rollins, Legendary Harlem Saxophonist, Dies At 95
Sonny Rollins, the Harlem-born saxophonist whose fearless improvisation reshaped modern jazz music, died Monday at his home in Woodstock, New York. He was 95. Publicist Terri Hinte confirmed the news. No official cause of death was released, though Rollins had struggled with pulmonary fibrosis and other health complications in recent years. With his death, jazz loses one of its final living architects from the bebop era. Rollins stood beside innovators who transformed American music during the
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Drake Surpasses JAŸ-Z For Most #1 Albums After Dissing Hov Across ‘ICEMAN’
As ICEMAN reaches No.1 on the Billboard charts this week, Drake claims the title of most number-one albums in Hip-Hop, surpassing longtime holder Jay-Z, now JAŸ-Z, with an album where the 6 God took plenty shots at Hov on “Janice STFU,” “Whisper My Name,” and “Make Them Pay.” ICEMAN marked Drake’s 15th No. 1 project, further extending one of hip-hop’s most dominant commercial runs. Drake officially breaks JAY-Z’s record for the most #1 albums by a rapper in Billboard 200 history 🏆 pic.twitter.
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Dame Dash Launches Dash Records Collective
Dame Dash is once again betting on reinvention. Amid renewed tension with longtime rivals and a fresh round of online criticism, the former Roc-A-Fella co-founder has announced the launch of Dash Records, a new label he says is aimed at discovering emerging talent across music and media. The announcement arrived through Instagram, where Dash framed the venture as both a business reset and a creative recruitment call. For an executive whose career has often moved between triumph, controversy, an
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Mexico agrees to host Iran at World Cup
Mexico's President Claudia Sheinbaum has agreed to allow Iran to be based in the country during the World Cup, claiming the United States were unwilling to host them. Sheinbaum said her government had been approached by Fifa after the US made it clear it did not want Iran's squad to stay in the country during the tournament. "We have no reason to deny them the possibility of staying in Mexico," Sheinbaum said. "The United States does not want the Iranian team to stay overnight, but they are
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